Voting Service Provider Overview

VSPs are used to delegate your voting powers. The VSP can cast a vote on your behalf when a ticket is called to vote. VSPs do not hold, manage, or transfer any of your DCR funds. The VSP cannot steal your funds.

When you delegate your tickets with our distributed and at scale robust VSP, you enjoy following services:

What is Staking?

Staking (PoS) allows users to participate in Decred’s Governance. To have your say, you can lock up your DCR funds in return for tickets. Participants are given a real voice in the decision-making and rewarded for engagement in the projects governance.

Participation in Staking (PoS) is open to everyone and requires time-locking a portion of your DCR in return for tickets. Current price of a ticket is 131.39 DCR

What are Tickets?

The purpose of these tickets is twofold:
- Firstly they serve an automatic function of voting on the validity of new blocks.
- Secondly they grant the right to partake in the decision-making processes which determines the future of Decred.

The process of staking is essentially like a lottery, where tickets are chosen to vote randomly.

Profitability

A successful vote returns the participant the original cost of the ticket and a part of the blockreward as profit.

In case the vote misses (0.5% probability), original cost of the ticket is safely returned without the reward. Average time for a ticket to vote is within 28 days and maximum up to 142 days.

Information

VSP fee: 1%

Proportion: 0.05%

Network: mainnet

Status: Open

All Voting Service Providers

To encourage decentralization of the network, it is recommended to avoid VSPs that have over 5% of network votes.